Medovex secures $2.7M in new capital via direct offering/private placement of stock and warrants; shares up 2%

|About: Medovex Inc. (MDVX)|By:, SA News Editor

Thinly traded nano cap Medovex (MDVX +1.9%) raises $2.69M in new capital via the direct sale of 2,956,043 shares of common stock at $0.91 per share and a concurrent private placement of five-year warrants to purchase up to 1,478,022 shares of common at $1.15.

Net proceeds will fund working capital and general corporate purposes.